GBP/USD was making attempts to recover but did not go anywhere fast and found itself grinding lower. The upcoming week feature the manufacturing PMI as well as other figures. Nationwide HPI: Tuesday, 6:00. Various housing price indices have been pointing downwards, but Nationwide’s figure has shown a rise of 0.3% in July.BRC Shop Price Index: Tuesday, 23:01. The British Retail Consortium’s measure provides another gauge on consumer ...
EUR/USD was looking good during the last full week of August and remained range-bound. What’s next? The inflation figures stand out as we turn the page into September. Monetary data: Monday, 8:00. The European Central Bank measures the amount of money in circulation (M3 Money Supply) and private loans. The ECB’s expansionary policies pushed the volume of loans back to growth after a period of declines.German GfK Consumer Climate: ...
The US dollar was on the back foot across the board in the last full week of August. An update on US GDP, consumer confidence, and the all-important Non-Farm Payrolls stand out. CB Consumer Confidence: Tuesday, 14:00. A score of 120.3 is on the cards now.ADP Non-Farm Payrolls: Wednesday, 12:15. Payrolls software provider ADP publishes its jobs report for the private sector and always influences markets. The figures released do not ...
EUR/USD was pressured and slipped lower, but did not go far. Will it stay in range?. The upcoming week features Pthe PMIs, key German surveys and Draghi’s highly anticipated speech in Jackson Hole. German ZEW Economic Sentiment: Tuesday, 9:00. The all-European measure stood at 35.6 in July.Flash PMIs: Wednesday, 7:00 for France, 7:30 for Germany and 8:00 for the euro-zone.Consumer Confidence: Wednesday, 14:00. A small increase ...
The US dollar was looking for a new direction and it had a mixed week. The last full week of August features US housing data, durable goods orders and perhaps most importantly, the Jackson Hole Symposium. Here are the highlights for the upcoming week. US New Home Sales: Wednesday, 14:00. A similar figure is on the cards now: 615K.Crude Oil Inventories: Wednesday, 14:30.UK GDP (second estimate): Thursday, 8:30.US Existing Home ...
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